Why most of ALTCOINS are dead or worthless?

[poodle63]

There are lots of cryptocurrencies that it's difficult for every coin to get attention in the market. Besides a number of coins are literally dead, there is no development news, no community engagement and so on
 

It caused by they have already taken the wrong step that makes them all get rekt. As you can see if so many scam projects have already started caused by the developer is very incompetence.
Amateur developer can do nothing except raise the money and then they will steal the money.

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[matchi2011]

I think there are a lot of reasons why many altcoins becomes worthless or dead right now. Some projects did not meet their required capital during ICO or IEO so maybe admin abandoned the project. Market situation lately is bearish causing investors to stay away from crypto investment.

Or also maybe developers already reached the amount that they've need to runaway and forget about the project that they've created. Take time to enjoy the money then comeback then create another project and try to attract investors by giving lots of promises.
Alts are being used to earned quick money since scammers understand how to play.

[makishart]

Because is no more trade volume like was in 2017 and also cause many people not invest now on crypto after they see price of bitocin where is from 20k.

It's not true and how about top altcoins are still following the recent surge that happened with bitcoin? If you are watching the market right now and you will know that. Too much dead coins caused by they have already ignored by the users and speculators.

[iv4n]

What else can happen with alt when it gets abandoned by developers or supporters, or both, for any reason? It will become dead and worthless! I don't think all of them are initially created to be scams, simply they didn't have what it takes to develop the idea. There can be many reasons for an idea to fail along the way, not enough knowledge in the team, lack of support and money... for whatever reason, even if it's some small one they fail. Scams are scams, those projects don't last to long, they serve the purpose once they cheat enough people.

[AdoboCandies]

Full of shitcoins and worthless coins and the worst is some are scams when they reach their softcaps they take all the investments and leave their investors, and some altcoins now that is in the market doesn't get managed well and no updates or upgrades listing and something that can help it progress more, it's hard to find a good altcoin that has an promising idea and a good management but alcoins are not dead just find some and support it because it may be not good now but will make a progress in the future

[pandanaran]

Most of altcoin is dead or does not have a good selling price due to several reasons such as the performance of developers and project teams in promoting their products in the market, unable to attract market investment, low trading volume and coins are difficult to develop. And that is the criterion for altcoin to be dead or worthless in the market.

[qazgroup]

Mainly because of 3 4 main reasons, like:
1) Investors fomoed into investing in new good looking projects which were not practical just whitepaper and promises won huge investments.
2) Teams proven to be in competent and failed to come up withany valuable product.
3) Lost of interest from investors, community and team itself.
4) Failure of team to list their coin at good liquidity exchanges and low or no volume resulted in loss of value of the coin.

Some coins are just under pressure due to long bears season but they can come to life if the team comes up with positive developments and the coins gains more trading volume.

[btcdie]

Mainly because of 3 4 main reasons, like:
1) Investors fomoed into investing in new good looking projects which were not practical just whitepaper and promises won huge investments.
2) Teams proven to be in competent and failed to come up withany valuable product.
3) Lost of interest from investors, community and team itself.
4) Failure of team to list their coin at good liquidity exchanges and low or no volume resulted in loss of value of the coin.

Some coins are just under pressure due to long bears season but they can come to life if the team comes up with positive developments and the coins gains more trading volume.

Of course if investors are no longer interested they will throw away all the coins or tokens they hold and of course investors will also turn to projects that are more convincing and possible to get more profit. In addition to the community, a solid team, and products, which affect the alt ecosystem, there must be renewal at least once a year, otherwise the project will die slowly and be defeated by competitors. and I think alt will also last long enough if the project becomes a pioneer of new solutions or innovations. like alt tops, they are long enough to survive and their ecosystem is strong enough, even though the bear market is too long.

[mdzahed134]

Most altcoin only worth with short term and bigger chance to get profit with altcoin just several hour after listing on exchange market, after price dump is become the end of some coin back to higher price and little chance with coin ever dump back to higher price, many terrible moment with altcoin delist on exchange market.

it depends on the altcoin that you hold, whether in the list of top 100 coinmarketcaps or not ?, if it is still registered in the top 100 then the potential to recover can happen, but if not then it's better to leave it alone

Top cmc 100 ranking coins? don't depend & expected on blindly all of those coins & researching before investment. More garbage coin in the top ranking. Is this Kick coin what the hell is going it’s  unbelievable. New altcoins will buy & sell higher price when first exchange listing so that short time holders chances to bigger profit. And when after new coin hype is no existing than dump will come.           

[Mulann2]

It is still very easy to create a token in the ethereum network, the only slow down is that the ico bubble is long gone, no more gullible investors to be deceive anymore, people are wiser now than before so this definitely will force the number of project coming in the market to reduce,
The market is over saturated with pump and dump that created temporary to make money, even though there seems to be less of them maybe ones the bulls are back they will show up again.

[sulendra12]

Either they don't care about their projects or they are just clearly robbing our money with something called "IEO" scheme. Most of the new projects now are scam-run attempt from scammers, that's why most of the IEO now it's not successful compared to what happened in 2018.

4) Failure of team to list their coin at good liquidity exchanges and low or no volume resulted in loss of value of the coin.

That is the most important part. They listed their coins into shit exchanges that means death to them.

[doctor877]

Majority of them was not created with good intentions, that's why developers can abandon their project and some even exited scam. That the effect of the 2017 market booming. It really gave a lot of room to scammers. But now people are more wiser.

[Blackdeath]

Majority of them was not created with good intentions, that's why developers can abandon their project and some even exited scam. That the effect of the 2017 market booming. It really gave a lot of room to scammers. But now people are more wiser.

Indeed. Not all of them was created for good intention that there were only created just to trick other people for them to earn more money, that is why a lot of investors have stop participating in new projects nowadays because most of them are worthless and scam that investprs don't receive any good rewards.

[FanatMonet]

Because, many projects were originally created for the purpose of profit, through the sale of coins on exchanges, to some others, they were simply not lucky with a team that broke up due to various factors.

To develop any good coin, you need a very strong development team, and there are very few of them.

Everyone who invested are profit oriented so that says they are into profit why they run the project through crowd funding, however, there are two types of project, the legit and the scam ones, and we know that scammers does not have future plan on the project, all they want is to take the money from the investors and then abandon the project any time, and because of the lack of regulation int he crypto space, they are not afraid doing their scammy activities.

Unfortunately, I knew one really cool project that couldn’t take off, interesting community activity, quite strong developers, but, unfortunately, the main person in the project was too stubborn and did not accept criticism, as a result of which the project plunged into oblivion.

[Samayuki]

Crypto projects are unpredictable so anything can happen, we can't predict the human minds so the team can do as they see fit with any project, the real back bone of every projects are the capability of the team

[bhalwalbhalwal]

Most altcoins are already dead zombies. In most cases, they have no real use case and few developments in the pipeline. So their valuations are just not sustainable and were fueled by pure speculation.

[thiscomm]

I don't think it's ethereum's fault because they only provide help to anyone who wants to create a new altc. all the faulty new Altc developers who are less responsible, sometimes they just make Altc to make themselves rich quickly using the name ethereum as a whip to attract investors.

[Jannyh]

Nothing can be more altruistic and apt like this statement.  The trend created massive fear and scepticism in the mind of investors and left them in dilemma as to which coin to believe in. For confidence to return in Altcoin investment,  I think some kind of background check by investors  should be carried out.

[Denongels]

Actually the reason for many outcomes to be useless is not only from the ethereum blockchain, waves and other blockchain are the same, which I think is wrong by the altcoin developers because in my opinion, there are currently too many projects with the same theme and also because there are no restrictions on altcoin so there are many projects that die because of this, and the death of a project is also caused by a new project because akurasa holders are more interested in the new than the old project so that many investors leave the old project because of this.

[ballerin and giroud]

Most of altcoin is dead or does not have a good selling price due to several reasons such as the performance of developers and project teams in promoting their products in the market, unable to attract market investment, low trading volume and coins are difficult to develop. And that is the criterion for altcoin to be dead or worthless in the market.

I will add another factor that may caused new project (most likely) will be end with zero value and I think the situation of the market will affect it. You can count how many projects that were increased in price when 2017 ago but the projects have no real function? I am sure it was much. Even I was thinking that the project who didn't have any value right now is the project that didn't have any real function that can be used by their user. They just take an opportinity to launch the project when the market situation is good.